PENSION WATCHERS WARN CANADIAN PENSION AND HEALTH IN TROUBLE
TORONTO, Jan 26 (LifeSiteNews) More warnings about Canada’s demographic crisis have surfaced with a report released yesterday by Canada’s corporate and public sector pension plan sponsors and the professional firms that advise them. They warned that “a demographic time bomb threatens Canada’s public and private retirement plans.” The Association of Canadian Pension Management (ACPM) said that “without major changes over the next few years, the combined forces of the retirement of the Boomer generation, rising life expectancies and falling birth rates will seriously strain—and could rupture—our retirement and health care systems by 2030.” The report explains: “that is when all […]
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